Joint Term Life Insurance
A joint term life insurance policy 
is just like a standard term policy, but insures two people on one policy for a specified number of years.
You may consider taking out a joint life insurance policy if you are:
- Buying your first home – cover pays off the mortgage and other related debts
- Becoming parents – covers childcare or tuition fees upon death of the first policyholder
The sum insured is paid out on the death of the first policyholder, providing the
death occurs during the policy term. Although a joint term policy will work out
cheaper than having two individual term
insurance policies, it is worth noting that the survivor is left uninsured upon
the death of the first policyholder. If you do not feel that this is a problem,
then a joint term insurance policy could be a good way of saving money.
Get a quote
to find out how much it would cost to protect you and your partner